This article is from the Australian Property Journal archive
DUAL New Zealand and Australia-listed retirement homes operator Summerset Group Holdings has appointed current GM finance Sarah Theodore as acting chief financial officer.
Summerset CEO Scott Scoullar said he was pleased that the company’s succession planning has allowed it to provide strong leadership during this interim period.
“Since joining Summerset in 2022 Sarah has developed excellent relationships with our leadership team, external stakeholders and board. She has also led a high-performing team delivers for the business.”
Current CFO Will Wright will remain with the business until 13th November.
Summerset last month posted first-half profit at the upper end of guidance, but is concerned about government underfunding in the aged care sector on the other side of the Tasman.
